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Rashid [163]
3 years ago
6

Demitri's parents begin saving for his college fund when Demitri is 10 years old. They invest $5,000 in an account that earns 1.

2% interest compounded annually. When Demitri turns 18, he decides to attend a local community college for two years. One year of courses at the community college costs approximately $2,700. Is there enough money available from the investment to pay for the first two years of Demitri's college education?
Mathematics
2 answers:
Phantasy [73]3 years ago
8 0

Answer:

The correct answer would be H. Yes, the CD earns over $500 in interest over 8 years.

Step-by-step explanation:

I had the same question as you, and I got it correct!

qaws [65]3 years ago
3 0

Answer:

yes

Step-by-step explanation:

A = P(1 + r)^t

A = total amount

P = principal

r = interest rate, as a decimal

t = time, in years

A = 5000·[(1 + .012)^8]

A = 5000(1.1001)

A = 5,500.65

amount of investment after 8 years = $5,500.65

two years of community college = $5,400

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How are integers and rational numbers the same ?
Alexandra [31]

Answer:

Every integer is a rational number, since each integer n can be written in the form n/1. For example 5 = 5/1 and thus 5 is a rational number. However, numbers like 1/2, 45454737/2424242, and -3/7 are also rational, since they are fractions whose numerator and denominator are integers.

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
Kyle brough a case of 24 12 ounce bottles of water.He drank the same amount of water each day and finished the case after 3 days
Anastaziya [24]

Answer:

96 ounces each day

Step-by-step explanation:

Divide the 24 bottles by 3

24/3 = 8

8bottles per day

8 bottles *12 ounces per bottle

96 ounces each day

3 0
3 years ago
Which sales accounts normally have a debit balance?
kolbaska11 [484]

Answer:

c. Both Sales Discounts and Sales Returns and Allowances have debit balance

Step-by-step explanation:

7 0
3 years ago
Janet wanted to understand whether grade level had any relationship to their opinion on extending the school day. She surveyed s
konstantin123 [22]
Grade       In Favor     Opposed     Undecided          Total
9                 4                   2                    8                   14
10               7                  11                   8                    26
11               14                 15                  9                    38
12               11                 5                    10                  26
Total           36                 33                   35                 104

Above is a partial sum chart that will help us in our quest.

P(Grade 9 | opposed)
The probability of Grade 9, given opposed, is the portion of opposed students that are in grade 9. 
Total number opposed: 33
Number opposed in Grade 9: 2
P(Grade 9 | opposed) = 2 / 33 = 0.06

P(opposed | Grade 9)
Total Number Grade 9: 14
Number opposed in Grade 9: 2
P(opposed | Grade 9) = 2 / 14 = 0.14
6 0
3 years ago
Read 2 more answers
Sirgeo wants to fence in a circular portion of his backyard for a place space for his dog. Determine the area of the largest por
pickupchik [31]

Answer:

  412.7 square feet

Step-by-step explanation:

A circle of circumference 72 ft will have a radius given by ...

  C = 2πr

  (72 ft) = 2(3.14)r

  r = (72 ft)/(6.28) ≈ 11.465 ft

The area of a circle with that radius is ...

  A = πr² = 3.14(11.465 ft)² ≈ 412.7 ft²

Sirgeo can enclose a circular area of about 412.7 square feet with 72 feet of fence.

4 0
3 years ago
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